Bond Trader 2006

Bought 1 ZB back at 106 05.

Darn, up over 700 USD at one point, now just up over 400. Should have exited at 106 03 on everything.

I'm holding the ZN's for a lower price. I think this is just a brief return higher.

The main reason why I quickly got out of the last 2 ZB's is I try to NEVER break my rule of NEVER letting pricess come back to my entry.

 

This may be a bad call, but I would look to be a seller now anywhere between 106 06 and 106 10.

 

Neural network indicator just turned down.....

Sold 2 more ZN's at 104 175.

Looking to sell 2 ZB's at 106 08 or better.

 

Sold 2 ZN's at 106 07.... 0759 CST

 

I want to sell another 4 lot of ZB's but I'll stand aside for now.

If prices don't move with some conviction to 106 03, and hopefully punch through, then I will look to get out of all contracts around 106 03 and equivalent in ZN.

I will call it a day at that point.

 

Need to see a 4 and a 3 print soon on ZB or I'll need to exit everything at 106 05.

 

Price combat at 106 05 is in our favor so far.....

 

My entries were excellent, but 30 minutes of a 2 - 3 tick range is frustrating....

 

First 4 print (106 04) at 0822 CST.

 

Bought 1 ZB back at 106 05....